B2Gold Corp. (TSE:BTO) Given Average Rating of “Buy” by Analysts

B2Gold Corp. (TSE:BTO) (NYSE:BTG) has been assigned a consensus recommendation of “Buy” from the eleven analysts that are covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a hold recommendation, seven have given a buy recommendation and two have issued a strong buy recommendation on the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is C$5.94.

Several equities research analysts have weighed in on the stock. CIBC set a C$3.30 price objective on shares of B2Gold and gave the company an “outperform” rating in a research report on Wednesday, August 14th. Cormark cut B2Gold from a “moderate buy” rating to a “hold” rating in a research note on Monday, August 12th. Canaccord Genuity Group reduced their target price on shares of B2Gold from C$7.50 to C$7.00 and set a “buy” rating for the company in a report on Tuesday, August 13th. Cibc World Mkts raised shares of B2Gold from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, August 14th. Finally, Scotiabank downgraded shares of B2Gold from an “outperform” rating to a “sector perform” rating in a research note on Friday, August 9th.

B2Gold Price Performance

Shares of TSE:BTO opened at C$3.59 on Friday. The company has a quick ratio of 3.33, a current ratio of 2.93 and a debt-to-equity ratio of 1.05. B2Gold has a twelve month low of C$3.18 and a twelve month high of C$4.74. The business has a 50 day moving average price of C$3.86 and a 200 day moving average price of C$3.70. The company has a market cap of C$4.70 billion, a price-to-earnings ratio of -22.44, a PEG ratio of -0.27 and a beta of 1.21.

B2Gold (TSE:BTO) (NYSE:BTG) last posted its quarterly earnings results on Thursday, August 8th. The company reported C$0.08 EPS for the quarter, missing the consensus estimate of C$0.10 by C($0.02). B2Gold had a negative net margin of 7.23% and a negative return on equity of 3.47%. The firm had revenue of C$673.95 million during the quarter. Research analysts predict that B2Gold will post 0.3483456 earnings per share for the current year.

B2Gold Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 23rd. Shareholders of record on Monday, September 23rd will be paid a dividend of $0.055 per share. This represents a $0.22 annualized dividend and a yield of 6.13%. The ex-dividend date of this dividend is Tuesday, September 10th. B2Gold’s dividend payout ratio (DPR) is currently -137.50%.

B2Gold Company Profile

B2Gold Corp. operates as a gold producer company. It operates the Fekola Mine in Mali, the Masbate Mine in the Philippines, and the Otjikoto Mine in Namibia. The company also has an 100% interest in the Gramalote gold project in Colombia; 24% interest in the Calibre Mining Corp.; and approximately 19% interest in BeMetals Corp.